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      IEA Executive Director Advocates for Iraq-Turkey Oil Pipeline Amid Hormuz Tensions

      Fatih Birol, the Executive Director of the International Energy Agency (IEA), has emphasized the need for a new oil pipeline linking Iraq's southern Basra fields to the Turkish Mediterranean terminal in Ceyhan. This call comes as the Strait of Hormuz continues to be a critical and unstable passage for global energy supplies.

      The Strait of Hormuz is a significant chokepoint for oil transportation, and its ongoing volatility poses risks to energy markets worldwide. Birol's proposal aims to enhance energy security by providing an alternative route for Iraqi oil exports, reducing reliance on the Hormuz Strait.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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